Friday, November 16, 2012

How is mandating capitalism in health insurance a bad thing


How is mandating capitalism in health insurance a bad thing?
Let me see if I understand this... The health care bill requires the health insurance companies to offer their products to 33 million new customers,
 and requires that people purchase insurance from private, for-profit companies, which in turn adds to their profits. Isn't that the essence of the "free market"? Isn't that "capitalism"? Conservatives are complaining, why???
Politics - 11 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Conservatives are complaining because they bet that they could derail Obama and stop this bill from passing. As usual, they bet wrong, and now they're just sore losers. They are also against taxpayer money from being spent to help sick kids get well.
2 :
The essence of "free market" would not include mandates to purchase anything.
3 :
Mandating Capitalism is like DATE RAPE... then saying - You got sex... how can it be bad? Capitalism works when it's allowed to. Fannie and Freddie's failures were do to this same kind of "mandating capitalism". I think a "how the economy works" course should be mandatory. That would stop a lot of these kinds of misguided questions.
4 :
Another economic Einstein. Next, he'll tell us that mandating health insurance is the same as mandating car insurance. sigh......
5 :
I guess its ok if you are in the group who has NOTHING TO LOSE if you have a pension plan and put away money for your retirement then maybe you will be considered the freak in the future
6 :
Nice try - try looking up the meaning of "free market", compare that to what was passed and get back to me. People complain because the government is taking over in order to have more power and money - that is all it has ever been about.
7 :
Wrong, in Free Market Capitalism, you buy what you want, forcing us to buy Medical Insurance is against the Free Market in every sense possible. In true Free Market Capitalism, if no one buys from shitty Medical Insurance Companies, they are motivated to do better to earn a profit, and get more customers. In this, they get rewarded for being bad. You Liberals are the worst economic illiterates in the history of economics.
8 :
Well, it is a bad thing because, for one, it is unconstitutional. I'm sorry but it isn't the essences of free market capitalism when the government is forcing private citizens to purchase products or face fines and possible imprisonment!
9 :
They're complaining because it was passed by Democrats. Conservatives are always fast to tell you that US hospitals cannot turn away someone based on their ability to pay and that they have to treat you. They don't complain about this. But, at the same time they absolutely abhor the idea of people being given something for nothing. The reforms basically say that since a person can't be turned away, they need to have insurance to pay for it. It's their responsibility to pay for the coverage that they can't be denied.
10 :
Look at it another way, you own a car, but are an absolutely horrible driver, you have had a dozen tickets and six auto accidents which totaled three cars and cost thousands to repair the others and have been sued in each of the three accidents for being at fault and settled for millions all in your first year of driving. What part of free market is it that "forces" an insurance company to sell you coverage for the same price as me who has driven for 40 years with no traffic violations or accidents.
11 :
You seem very confused. For it to be capitalism, they would have to be voluntary transactions. When you stick a gun to someone's head and demand they buy or sell. It is not capitalism. If anyone but the government were doing it. It would be referred to as extortion. They are making you an offer you can't refuse. At least not without dying or going to jail. How is this any different from what the Mafia does. Mandate Al Capone's hairy behind!


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Posted by Health Insurance at 7:48 PM